CmaBylaw
Executive Bylaws
3-9-1 Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
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Thursday, 09 February 2017
An Offeror of a Competitive Acquisition Offer is any party or parties submitting one or more Competitive Acquisition Offers other than the Original Acquisition Offer. A Competitive Acquisition Offer is a Voluntary Acquisition Offer submitted with the purpose of competing with an Original Acquisition Offer. A Competitive Offer Period is the period commencing from the disclosure of a Competitive Acquisition Offer until a decision thereupon has been issued by the general assembly of the Offeree company.
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